Government Spending, Taxes, and Economic Growth

Government Spending, Taxes, and Economic Growth
This paper develops an endogenous growth model of the influence of public investment, public transfers, and distortionary taxation on the rate of economic growth. The growth-enhancing effects of investment in public capital and transfer payments are modeled, as is the growth-inhibiting influence of the levying of distortionary taxes which are... READ MORE...

Publication date: August 1994
ISBN 9781451951479
$15.00

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